Urban Households’ Income, Spending Growth 7.6 Percent Above Inflation

Iranian families living in urban areas spent an average of 329,525,000 rials ($7,845) in the last Iranian year (March 2017-18), 15.7% more than in the preceding year, the latest report by the Statistical Center of Iran shows. 
'Food and tobacco' (76,750,000 rials or $1,827) accounted for 23.3% of total expenditures. Whereas expenditure on 'non-food' category stood at 252,775,000 rials or $6,018 accounting for 76.7% of total spending. 
Flour, noodle, grains and bread accounted for 22.1% (the biggest share) of the overall urban households’ expenditures in the 'food and tobacco' category, whereas housing costs had the lion’s share in non-food category with 43%. 
Urban households declared they received an average income of 366,947,000 rials ($8,736) last year, which shows a 15.7% rise compared to the previous year.